Govt expects Rs 40k-cr GST shortfall

NEW DELHI: The government is expecting a shortfall of around Rs 40,000 crore in the  GST collections over what has been budgeted for 2019-20. This could put pressure on the compensation that states are eligible for in case the tax growth falls below 14% during the year. A state finance minister said the Centre had informed the GST Council, which met in Goa on Friday, about the expected shortf…